Tag Archives: Low quality part time jobs plunge 625k

May 2018 full time jobs jump record 904k, Low quality part time jobs plunge 625k, Trump tweets on historic employment numbers

“Don’t tell me that illegal immigrants from Mexico and Central America have not been taking native born American jobs.
Numbers don’t lie.
Straight from the US Labor Department website.
Under Obama.
Hispanic employment up 29 percent!
9,374,000 white Americans dropped out of the labor force!”…Citizen Wells Feb. 27, 2017

“In just the first 6 months of the Trump Administration white American employment rose almost 1 million.”…Citizen Wells Aug 4, 2017

From Zero Hedge.

“The US Added A Record 904,000 Full-Time Jobs Last Month

Shortly after Trump tweeted his controversial payrolls report preview, in which he hinted today’s payrolls number would be a strong beat, saying “Looking forward to seeing the employment numbers at 8:30 this morning”…

Donald J. Trump

✔@realDonaldTrump

Looking forward to seeing the employment numbers at 8:30 this morning.

… and which prompted a solid bid in the US dollar ahead of the payrolls number…”

“Or perhaps it was, because while looking at the headline Establishment Survey print showed a +223K jump in total jobs, looking at the Household Survey showed one stunning outlier print: in May the number of full-time jobs rose from 127.753 million to 128.657 million, a 904K increase in one month, offset by a 625 plunge in low-quality, part-time jobs.

Putting this surge in full-time jobs in context, it was the biggest monthly increase this century, and also on record if one excludes a few data revision prints recorded in the 1990s.”